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Supported Stablecoins

iBnk provides stablecoin FX infrastructure for 10 fiat-backed digital currencies across major global economies.

Overview

All supported stablecoins meet iBnk's strict criteria:

Full Reserve Backing - 1:1 fiat reserves for all issued tokens ✅ Regulated Issuers - Compliant entities with proper licensing ✅ Regular Audits - Periodic third-party verification of reserves ✅ Transparent Framework - Clear regulatory oversight and reporting

Supported Currencies

🇺🇸 USDC - US Dollar Coin

Issuer: Circle Internet Financial Blockchain: Ethereum, Polygon, Arbitrum, Optimism, Base, and more Reserve: US Dollar (USD) Regulation: Regulated by US financial authorities

The most widely adopted USD-backed stablecoin with deep liquidity across multiple chains.


🇦🇺 AUDM - Australian Dollar (Monerium)

Issuer: Monerium Blockchain: Ethereum, Polygon Reserve: Australian Dollar (AUD) Regulation: EU regulated e-money institution

Regulated AUD stablecoin for Australian dollar settlements.


🇦🇺 AUDD - Australian Dollar Digital

Issuer: Novatti Blockchain: Ethereum Reserve: Australian Dollar (AUD) Regulation: Australian financial regulations

Alternative AUD-backed stablecoin with Australian regulatory framework.


🇨🇦 CADA - Canadian Dollar

Issuer: STASIS Blockchain: Ethereum Reserve: Canadian Dollar (CAD) Regulation: Canadian financial regulations

Fully-backed CAD stablecoin for Canadian dollar operations.


🇸🇬 XSGD - Singapore Dollar

Issuer: Xfers (StraitsX) Blockchain: Ethereum, Zilliqa Reserve: Singapore Dollar (SGD) Regulation: MAS regulated payment institution

Regulated SGD stablecoin with Singapore Monetary Authority oversight.


🇯🇵 GYEN - Japanese Yen

Issuer: GMO-Z.com Trust Company Blockchain: Ethereum Reserve: Japanese Yen (JPY) Regulation: Regulated by New York Department of Financial Services

Fully-regulated JPY stablecoin for Japanese yen settlements.


🇨🇳 AxCNH - Offshore Chinese Yuan

Issuer: Axelar Network Blockchain: Axelar, Ethereum, and connected chains Reserve: Chinese Yuan (CNH - Offshore) Regulation: Offshore yuan regulatory framework

Offshore yuan stablecoin for cross-border RMB settlements.


🇳🇬 NGNC - Nigerian Naira

Issuer: Various regulated issuers Blockchain: Ethereum Reserve: Nigerian Naira (NGN) Regulation: Nigerian financial regulations

NGN-backed stablecoin for African markets and cross-border payments.


🇪🇺 EURC - Euro Coin

Issuer: Circle Internet Financial Blockchain: Ethereum, Polygon, Arbitrum Reserve: Euro (EUR) Regulation: EU e-money regulations

Circle's euro stablecoin with the same regulatory framework as USDC.


🇬🇧 GBPT - British Pound Token

Issuer: Paxos Blockchain: Ethereum Reserve: British Pound (GBP) Regulation: Regulated by UK financial authorities

Fully-backed GBP stablecoin from regulated issuer Paxos.


Stablecoin Selection Criteria

iBnk only supports stablecoins that meet all of the following criteria:

1. Full Reserve Backing

Every token must be backed 1:1 by fiat currency held in regulated financial institutions.

2. Regular Audits

Independent third-party verification of reserves conducted regularly (at least quarterly).

3. Regulated Issuers

Issuers must operate under proper financial regulatory oversight (e-money license, trust charter, or equivalent).

4. Transparent Operations

Clear documentation of:

  • Reserve holdings
  • Audit reports
  • Regulatory status
  • Mint/redeem mechanisms

5. Technical Standards

  • ERC-20 or equivalent token standard
  • Secure smart contract implementation
  • Active chain support and liquidity

Currency Coverage

iBnk's supported stablecoins provide coverage across:

  • 🌎 North America: USD, CAD
  • 🌍 Europe: EUR, GBP
  • 🌏 Asia-Pacific: AUD, SGD, JPY, CNH
  • 🌍 Africa: NGN

FX Routes

With 10 stablecoins, iBnk supports 90 unique currency pairs for cross-currency settlement:

  • USD ↔ EUR, GBP, JPY, AUD, CAD, SGD, CNH, NGN
  • EUR ↔ GBP, JPY, AUD, CAD, SGD, CNH, NGN
  • And 80+ more combinations...

Explore available routes in the API →

Adding New Stablecoins

iBnk continuously evaluates new fiat-backed stablecoins for potential inclusion.

Nomination Process

To nominate a stablecoin for inclusion:

  1. Verify Eligibility - Ensure it meets all selection criteria above
  2. Submit Documentation - Provide:
    • Issuer information and regulatory status
    • Latest audit reports
    • Technical documentation
    • Liquidity and adoption metrics
  3. Evaluation - iBnk team reviews submission
  4. Community Review - Public comment period
  5. Integration - Technical integration and testing
  6. Launch - Mainnet deployment and announcement

Submit nominations to: stablecoins@ibnk.xyz

Stablecoin Exclusions

iBnk explicitly does not support:

Algorithmic stablecoins - No full fiat backing ❌ Crypto-collateralized stablecoins - Volatile collateral risk ❌ Fractional reserve tokens - Less than 1:1 backing ❌ Unregulated issuers - No regulatory oversight ❌ Synthetic assets - Not directly backed by fiat

Get Started

Ready to use iBnk's stablecoin FX infrastructure?

  1. View supported routes
  2. View API documentation

Last Updated: November 20, 2025

For questions about supported stablecoins, contact: support@ibnk.xyz